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The Most Popular Music Websites in 2010
yan Van Etten (@ryanve), Editor/Producer of VirtualMusic.tv, has created a fascinating music website heat map; it depicts estimated web-based music consumption in the U.S. in 2010. The visualization is based on traffic data from Compete. Green indicates positive growth in 2010. Red indicates negative growth in 2010. Notable is the fact that cloud-based music services, aside ...
Ticketbattle! - The Ticketmaster, AEG Deathmatch
AEG has joined forces with OutBox to take over ticketing at its105 arenas and theaters. This positions the company as a direct rival of Livenation's Ticketmaster. But according to Andrew Dreskin, CEO of Ticketfly, this is mark of growth that will drive competition and lower ticket prices for fans. In a statement to Hypebot, Dreskin expressed concern ...
YouTube Says Free Music Now Pays as Well as Paid Music Plus What That Means for Music Streaming
Citing growing traffic, a 200-300% jump in advertising revenue over the last year and an imporved Content ID system that allows music rightsholders to profit from infringing content (like videos of cats singing Lady Gaga), YouTube says that free content on its site is often returning as much revenue as paid music. “Our larger music partners ...
Where Local Music Ecology Goes when It Dies
The record industry is dying. That's what we're told. The corporate behemoths have for too long gouged music fans and screwed over artists. Thus, the digital revolution is equal parts murder and suicide. Major labels shot themselves in the face and everyone else dug their grave. Yet behind the scenes of this tragedy, something much worse looms. ...
Other Places: Reprieve in Detroit
As 2010 wound down, it appeared that the venerable Detroit jazz club Baker's Keyboard Lounge might be sold to someone who would make it into a dollar store. That sent a shock through the city's jazz community, which has heard major musicians at Baker's for more than three-quarters of a century. As Mark Stryker reported last ...
EMI CEO Says Citi Takeover Relieves Pressure
In an extensive round of media interviews and meetings with staff yesterday, EMI CEO Roger Faxon sent a singular message: Citigroup's acquisition and recapitalization relieves pressure on the music group and makes it possible for EMI to “pay attention much more directly to the operating performance of the business and to driving for growth in the ...
Citi Takes Control of EMI, Wipes out $3.5b Debt
(UPDATE 2) EMI, the world's fourth largest label group along with a successful publishing division, are now controlled by one of America's largest banks. As predicted, Citigroup seized 100% of EMI Group Ltd. from financier Guy Hands and his Terra Firma group in a restructuring that saw the company's debt cut from nearly $5.5 billion to ...
10 Expert Insights into Great Music Marketing
This post is by Hypebot intern Hisham Dahud. His Twitter: @HishamDahud. This past weekend, the California Lawyers for the Art's held their 28th Annual Music Business Seminar at Ex'pression College for the Digital Arts in Emeryville, CA. Here were some of the highlights: On getting a marketing and distribution campaign started: Danny Dee Aguayo of Topspin Media ...
Sources: Spotify "Negotiating with Squatters" at EMI...
So, who exactly is Spotify negotiating with at EMI, anyway? According to sources speaking Tuesday with Digital Music News, any licensing deal is probably none-too-secure at this juncture, despite chatter about a deal being “close." The reason is thatCitibank—now the 100 percent controlling owner—is looking to divest itself of this “toxic asset," a situation that invites ...
It's Over! Citigroup Seizes Control of EMI...
This may be remembered as one of the worst media investments of all time. But playtime is over. As of Tuesday morning, Terra Firma has relinquished control of EMI to Citigroup. This is a 100 percent takeover, and part of a recapitalization that has slashed the debt burden by more than 65 percent to 1.2 billion ...
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